Fed Up: Bernanke joins G-7 to Stem Global Financial Meltdown
By Mike Whitney
The term "subprime" is a red herring; it is used by the media to minimize what is really going on. The meltdown in financing extends across the entire range of mortgage-security products. No loan-type has been spared. The wholesale market for anything connected to mortgages is frozen and the details are being intentionally withheld from the public.
http://www.informationclearinghouse.info/article19683.htm
http://freepage.twoday.net/search?q=Bernanke
http://freepage.twoday.net/search?q=meltdown
http://freepage.twoday.net/search?q=mortgage
http://freepage.twoday.net/search?q=Mike+Whitney
The term "subprime" is a red herring; it is used by the media to minimize what is really going on. The meltdown in financing extends across the entire range of mortgage-security products. No loan-type has been spared. The wholesale market for anything connected to mortgages is frozen and the details are being intentionally withheld from the public.
http://www.informationclearinghouse.info/article19683.htm
http://freepage.twoday.net/search?q=Bernanke
http://freepage.twoday.net/search?q=meltdown
http://freepage.twoday.net/search?q=mortgage
http://freepage.twoday.net/search?q=Mike+Whitney
rudkla - 7. Apr, 06:15
